PROJ-62000 Project Procurement and Supply Chains

Many organizations’ projects are delivered through complex supply chains and networks. They have several suppliers, contractors, and customers. There is a substantial amount of project procurement involving these entities and a substantial amount of detailed planning and scheduling occurs. This course begins with an exploration of core principles of project procurement and expands to a consideration of how modern organizations expand their influence beyond simple contractual relationships by considering supply chains.  Additional course discussion will include the processes for planning procurements, foundational knowledge of supply chains and developing a strategy, identifying project procurement needs, including make-or-buy analysis, negotiating and ensuring due diligence and an equitable process when contracting, and determining contract types, risks, and incentives.

Credits

3

Prerequisite

PROJ 54000, PROJ 55000, PROJ 57000